Whooph Trades: NatGas

What “tell” precedes every equity reversal?

It’s been 30 years since a gap-and-go move in the price of Natural Gas (BOIL) to the tune of 99% in three days. NatGas futures gapped and began a nearly unprecedented spike morning of the Martin Luther King, January 19, 2026.

Whooph wasn’t watching and missed a cue to buy BOIL on the preceding Friday. So, by Thursday afternoon, the 22nd of often the coldest month of any given year, we’re now sitting at 99%.

A spike like this gets retraced. Commonly to the 61.8% Fibonacci from the high. The question for traders and investors in any such move is WHEN. When does such a swing or reversal or retracement occur?

So, Charlie Whooph having swing traded daily since 1999, answers with a METHOD introduced by this question:

What “tell” precedes every equity swing or reversal?

Price-Indicator Disagreement

Price-Indicator disagreement on Elliott Wave 5 suggests the spike is over or due for a pull-back. Disagreement depicts weakness within the pertinent timeframe.

Constructing trend-lines over PRICE highs and INDICATOR highs (like MACD) in Wave 5 of an uptrend will reveal this “disagreement”.

There are several other ways to uncover weakness in a market, which Whooph has discussed in prior posts. If you have a question on this important step in trading, we welcome it.

On the basis of this “tell”, Whooph has entered a short on NatGas using the popular Natural Gas etf, KOLD.